Ro-Jac's Bar & Grill

Retail-Commercial for Sale
Catylist Listing ID: 30124847
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 2,465 SF
Sale Price: $245,000
Unit Price: $99.39 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/30/2017

Overview / Comments

Successful business for 29 years being sold with inventory, 3-way Liquor License (subject to approval of ABC), and adjacent house.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $3,249 (Annual)
Tax Value Land $60,000
Tax Value Improvements $48,300
Assessed Value - Total($) $108,300 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $3,222 (Annual)
Tax Value Land $60,000
Tax Value Improvements $47,400
Assessed Value - Total($) $107,400 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $2,778 (Annual)
Tax Value Land $57,100
Tax Value Improvements $35,500
Assessed Value - Total($) $92,600 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $2,778 (Annual)
Tax Value Land $57,100
Tax Value Improvements $35,500
Assessed Value - Total($) $92,600 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $2,580 (Annual)
Tax Value Land $57,000
Tax Value Improvements $29,000
Assessed Value - Total($) $86,000 (Annual)

Additional Details

Nearest MSA: Muncie
County: Delaware
Tax ID/APN: 18-11-22-386-003.000-003
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1964
Legal Description: SUB WAT AND P TR & LOT 19 0.0000Acres STR: 222010 IN: 20 OUT:

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,187 52,419 85,778
Median Age: 39.17 34.43 35.98
Households: 3,100 19,475 34,008

Contact

Photograph of Listing Agent

Mark Sturgis

ADM Commercial Real Estate
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